Parent group says Fila’s 2019 growth will be over 50%
18/10/2019
From a group total of $2.1 billion, Fila brought in revenues of around $925 million in the first half of 2019, an increase year on year for the brand of 80%.
Without publishing a figure for the quarter, Anta Sports said Fila’s growth for the three months had continued at levels of between 50% and 55%. It said in an operational update on October 16 that Fila had very high growth in the second half of 2018 (growth of 90% in the third quarter of last year and of 85% in the fourth) and that, in comparison, growth in the second half of 2019 will be lower than in the first half.
Nevertheless, the group said it is still confident Fila’s growth for the full year in 2019 will be higher than 50%.